Investors fed up with a market “rigged” in favor of high-frequency traders, who use sophisticated software and algorithms to trade in and out of stocks in milliseconds, now have a place of their own, the Investor’s Exchange (IEX) Group. It went live on Aug. 19, 2016, as an alternative to NASDAQ, the New York Stock Exchange and other SEC-approved exchanges. Proponents of the new exchange say their “speed bump” model, based on a 35
Executives at pharmaceutical company Mylan have come under attack for giving themselves raises while boosting the price of a lifesaving injection device by more than 400 percent over the past nine years. Smith School finance professor David Kass compares the situation to a 2015 scandal, when hedge fund manager and pharmaceutical CEO Martin Shkreli raised the price of the AIDS drug Daraprim from $13.50 a pill to $750
In this edition, Andres Gonzalez, MBA Candidate 2017, lets us in on what it's like to work as an intern at Laureate Education in Baltimore, MD.
A recent White House memorandum to heads of federal departments and agencies calls for at least 20 percent of their software projects to be accessible to the public without any additional payment to the developer through the “open sourcing” of their work. Smith School lecturer Jonathan Aberman says the new policy might cause problems for government contractors worried about protecting their intellectual property.
Twitter will stream 10 Thursday Night Football games this NFL season, creating "a top media story to watch," a panel of sports and media executives tells Sports Business Journal. "Along with the (NFL’s) pregame Periscope broadcasts, the Twitter offering will give the NFL additional insight into how fans choose to consume their sports and entertainment content,” says one of the experts, Smith School professor Derrick Heggans,